Mr. Cooper Group

#3069

Rank

$3.54B

MarketCap US

US United States

Country

Summary
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. The company operates through two segments: Servicing and Originations. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. The Originations segment originates residential mortgage loans through its direct-to-consumer channel, as well as originates and purchases loans from mortgage bankers and brokers. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. was incorporated in 2015 and is based in Coppell, Texas.

History

The Mr. Cooper Group, Inc. is a public company headquartered in Dallas, Texas. It was founded in 2003 by Brad R. Cooper, with the aim of providing consumer financial services across the U.S. It operates under several brands, notably Mr. Cooper, Nationstar Mortgage, WMIH Ditech, Opes Advisors, and MCS.As of 2019, it services 4.6 million customers and $373 billion in home loan servicing. It also provides mortgage services to over 160 mortgage banks.


Mission
We exist to keep the dream of home ownership alive

Vision
We aim to be the friendliest, most trusted advocate for every customer, whether we’re helping you with a loan, refinancing, or simply servicing your existing loan.

Key Team

Ms. Kelly Ann Doherty (Exec. VP & Chief Admin. Officer)

Mr. Jaime Gow (Exec. VP & CFO)

Mr. Sridhar Sharma (Exec. VP & Chief Information Officer)

Mr. Kenneth A. Posner (Sr. VP of Strategic Planning & Investor Relations)

Mr. Kurt G. Johnson (Exec. VP, Chief Risk & Compliance Officer)

Christen Reyenga (VP of Corp. Communications)

Ms. Angela Greenfeather (Exec. VP & Chief HR Officer)


Recognition and Awards
Mr. Cooper Group has won numerous awards, including being named the Customer Service Champions by J.D. Power, the Forbes Platinum 400 Best Big Companies list and rated as a Best Buy by U.S. News and World Report. The firm has also won the Consumer Achievement Award from the Mortgage Bankers Association.

References
Mr. Cooper Group
Leadership team

Mr. Michael R. Rawls (Exec. VP & CEO of Xome)

Mr. Jesse K. Bray (Chairman & CEO)

Mr. Christopher G. Marshall (Vice Chairman & Pres)

Products/ Services
Financial Services
Number of Employees
1,000 - 20,000
Headquarters
Texas, South Carolina, United States
Established
1994
Company Registration
SEC CIK number: 0000933136
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
COOP
Social Media
Mon Feb 26 2024
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